Address: 100 King Street West Job Family Group: Audit, Risk & Compliance Chief Compliance Officer, BMO Private Investment Counsel Inc. Private Wealth Canada | Legal & Regulatory Compliance Grade 9 | People Manager Role Overview We are seeking a Chief Compliance Officer (CCO), BMO Private Investment Counsel Inc. (BPIC) and Director, Compliance, BMO Private Wealth Canada to provide compliance leadership and oversight for BPIC, a registered Portfolio Manager, Investment Fund Manager and Exempt Market Dealer, and support priorities and initiatives across Private Wealth Canada. Reporting directly to the Managing Director and Chief Compliance Officer, BMO Nesbitt Burns Inc., Private Client Division and Private Wealth Canada, the successful candidate will have primary responsibility for carrying out the CCO mandate for BPIC and leading its second-line compliance program. While the BPIC CCO mandate is the role’s primary accountability, the position will have a broader mandate. The successful candidate will also support priorities and initiatives across Private Wealth Canada and may be assigned other responsibilities or tasks from time to time within Wealth or elsewhere across the enterprise. These assignments may extend beyond BPIC and may not be limited to compliance matters. Key Accountabilities Fulfill the responsibilities of BPIC's CCO in accordance with NI 31-103 and other applicable securities laws and regulatory requirements, including NI 81-102, NI 81-106 and NI 81-107, as applicable to BPIC's activities as Portfolio Manager, Investment Fund Manager and Exempt Market Dealer. Oversee the compliance framework supporting BPIC's obligations under NI 81-107 and act as a key Compliance liaison with the Independent Review Committee in connection with conflict-of-interest matters relating to the BMO Private Portfolios.



Oversee compliance with regulatory requirements applicable to BPIC's investment fund management activities, including investment restrictions and practices, conflicts of interest, fund governance, disclosure and reporting, valuation/NAV oversight and other applicable investment fund requirements. Oversee the identification, assessment, escalation and management of material conflicts of interest, including conflicts arising from BPIC's investment management and investment fund activities and interactions with affiliates. Maintain appropriate access to BPIC's records, systems, management and business information necessary to independently assess the effectiveness of the firm's compliance program. Lead and oversee BPIC's second-line compliance program, including the identification, assessment, monitoring and escalation of regulatory compliance risks. Assess the adequacy and effectiveness of BPIC's compliance policies, procedures and controls and oversee appropriate remediation where required. Advise and provide effective challenge to senior management and the business on regulatory requirements, compliance risks and proposed business or regulatory changes. Oversee regulatory examinations, inquiries, filings and other engagements with securities regulators. Provide regular reporting to BPIC senior management and the Board on significant compliance matters and the effectiveness of the compliance program. Lead,



develop and manage the BPIC Compliance team. Collaborate with Legal & Regulatory Compliance colleagues and partners across Private Wealth Canada and BMO. Contribute to broader Private Wealth Canada and enterprise priorities and initiatives, including responsibilities and assignments beyond BPIC or the traditional scope of Compliance, as assigned by the manager. Demonstrate flexibility and adaptability by taking on new or evolving mandates, projects and responsibilities based on business and organizational needs. Qualifications Must be able to satisfy the applicable proficiency, experience and registration requirements for a CCO of an Exempt Market Dealer, Portfolio Manager and Investment Fund Manager under NI 31-103. Bachelor's degree and 8+ years of compliance, regulatory or securities-industry experience, with strong knowledge of Canadian securities regulation and the regulatory framework applicable to portfolio managers, investment fund managers and exempt market dealers, including NI 31-103 and the investment fund regulatory framework, including NI 81-102, NI 81-106 and NI 81-107. Experience with investment fund governance, Independent Review Committees and regulatory examinations or interactions with Canadian securities regulators is an asset. Demonstrated experience leading compliance programs and providing effective challenge and advice to senior business leaders. Prior experience as an Approved Person under CSA or CIRO rules or experience at a regulator preferred. Robust people management and leadership skills and experience developing and managing professionals. Strong judgment, analytical and problem-solving skills, with the ability to assess complex regulatory matters and develop

📌 Director-PM Compliance (Toronto)
🏢 BMO
📍 Toronto